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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Valeura Energy Inc | VLU | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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27.50 | 27.50 |
Top Posts |
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Posted at 27/5/2021 07:54 by oakridge Good to get a reiteration on the cash reserves anyway.Focus very much away from VLU and instead on SPC at present. |
Posted at 15/4/2021 07:26 by oakridge It's about time for an update on the producing assets deal.Clearly there has been slippage, but the company at least restates both parties are committed to the deal. Looks like rubber stamping delays. Deals are now starting to be done in Turkey however as seen at UKOG. Hardly exciting at VLU at present. Will the acquisition be worth the wait? Quality of the BOD suggests it will be....but we'll see. |
Posted at 11/3/2021 15:05 by oakridge Seems to be a bit of support arriving on the TSX....another blue day there.As I said volume can be tricky to get here. You will find that buy limits open slightly just after a positive move, before being quickly closed again on any further support. A fairly small free float, VLU should rocket if the management can pull off a compelling deal. Could come at any time. Due Diligence "well progressed" back in December. Good luck & ADYOR. |
Posted at 08/3/2021 07:42 by oakridge Thanks Waldron. Analyst coverage at this stage is meaningless in my view. Auctus, who are closest to the company state fair cash value at around 38p and have stated that they will hold back on any further projections until the company has secured a partner for it's retained asset and/or made an acquisition / merger, after which it will update. At that stage I would think all analysts will update their notes on VLU.I think the company will talk to the market within the next few weeks. Watch this space imo. Thanks also for your thoughts Grupo. Indeed, if you're more comfortable with larger, producing O&G companies, which pay a divi, this may not tick your boxes. Personally I am more familiar with smaller capped companies, but I agree, the next update should shed more light. |
Posted at 06/3/2021 11:49 by oakridge !FOLLOWFEEDVALEURA ENERGY - SIGNIFICANT UPSIDE POTENTIAL FOR 2021?? Valeura Energy Inc. is an upstream oil & gas company, headquartered in Calgary, Alberta, Canada. Its shares are traded on the Toronto Stock Exchange under the symbol VLE and on the London Stock Exchange under the symbol VLU. The company benefits from having a very strong balance sheet, zero debt and a 'quality in depth' board of directors who collectively bring considerable industry experience. Given the strength of Valeura's cash position, it is very well positioned for inorganic growth opportunities in a sector presently deemed a 'buyers market', ripe for M&A activity and consolidation. In addition to cash, it also holds substantial upside potential through an operated deep, tight gas play in the Thrace Basin, Turkey. Recent and Upcoming Events as at 06/03/21 * Valeura confirms net cash position of c. US $31.3 M. * In addition, Valeura Announces Provisional Sale of Shallow Conventional Assets for $15.5M to TBNG ltd, with potential royalty payments of up to US $2.5M. Conclusion of sale anticipated Q1 '21. * Total Cash in Hand anticipated to be c. US $47 M (or c.0.38p / share uk // c.$0.69 share Canadian) * In addition, Valeura Restates Retained100% interest in a c.20 Tcfe3 unrisked mean prospective deep, tight gas play, Thrace Basin, Turkey, with both local and export gas infrastructure and market in place. Drilling has proven gas across the prospect. A US $ 100M exploration / appraisal program has already been completed and drilling has proven gas across the prospect. Exploration licences have been extended with minimal holding costs. * Valeura Appoints New Corporate Broker Auctus Advisors LLP. .................... December '20 - CEO Presentation to Shares Magazine !YOUTUBEVIDEO:ntJ9Of The Most Recent Company Overview Presentation in 2021: March 2021 Interview with Stephane Foucaud, Head of Research Auctus Advisors: Full Auctus Note Here: [...] .................... .................... As at 06/03/21, the company has just 86.6M shares in issue and with a share price of 28.5p has a market cap of £24.68M As with all BB threads, the usual caveats apply: ADYOR & NAI. |
Posted at 05/3/2021 08:28 by oakridge Potential for "Rerating on the back of an acquisition".It's getting close imo. VLU publicly stated that they were 'well advanced' in due diligence back in December. Eyes peeled for an update here. ADYOR. |
Posted at 24/2/2021 16:11 by oakridge I suspect that when the sale of the producing asset is formally signed off and concluded, the company will restate a cash value of c.38p a share. That would entirely discount the value in VLU's retained 100% interest in the deep, tight asset in Turkey.Extraordinarily quiet here and a little boredom setting amongst peeps as a few tiny sells chip at the share price The potential for significant upside here on several fronts remains however.....includin Good luck, NAI and ADYOR. |
Posted at 04/2/2021 20:05 by oakridge VLU CEO's Latest Corporate Overview: |
Posted at 04/2/2021 19:53 by oakridge Valeura Energy Inc.@ValeuraEnergy · 23h #Auctus Advisors commented that #Valeura “holds much more cash than what is held by many other shells”… hence allowing “#Valeura to target larger transactions combining the cash on the balance sheet with funds from other sources” #oil #gas $VLE $VLU |
Posted at 04/2/2021 19:52 by oakridge Latest tweets from VLU:Valeura Energy Inc. @ValeuraEnergy · Feb 3 Very pleased to have analyst Stephane Foucaud at #Auctus Advisors initiate research coverage on #Valeura today. “Well financed to amalgamate assets in a well managed entity.” Read the full report on the Auctus website. $VLE $VLU |
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